PKG stock: buy or sell?
March 27th, 2020
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products primarily in the United States.
Should I buy PKG stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Packaging Corporation of America stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Packaging Corporation of America stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't find any rating for PKG stock for the last month.
PKG stock analysis
After boosting a super good 8.53% on Mar 26th, Packaging Corporation of America closed yesterday at $86.09 and depreciated a tragic -1.35%.
After boosting a super good 8.53% on March 26th, Packaging Corporation of America closed yesterday at $86.09 and depreciated a tragic -1.35%. Since price and SMA200d lines crossed down on February/24, PKG fell $-15.32 per share (-15.11%).
Packaging Corporation of America shares remained constant 0.24% this week, ending at $86.09. Early March PKG plummed a dreadful -6.61% in just one week. Early February PKG climbed a brilliant 5.56% in just one week.
Since price and 40-weeks moving average lines crossed down late January, PKG fell $-18.58 per share (-17.75%). Stocks under the 200 days moving average line are usually not recommended for average traders.
PKG stock price history
PKG IPO was on January 28th, 2000 at $6.88 per share1. Since then, PKG stock grew a 1,151.30%, with a yearly average of 57.60%. If you had invested $1,000 in PKG stock in 2000, it would worth $11,513.00 today.
1: Adjusted price after possible price splits or reverse-splits.
PKG stock historical price chart
PKG stock reached 52-week highs on November at $112.91, and all-time highs 2018-01-26 with a price of 122.6.
PKG stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for Packaging Corporation of America stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on April, Packaging Corporation of America . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a very good increase of 8.84% to $7,014.60 M USD. Nevertheless, its earnings margin (compared to sales) stayed steady to 10.52%, that is $738.00 million. To have an updated picture of the financial situation of Packaging Corporation of America, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Packaging Corporation of America TTM sales up to March 2019 were $7,057.60 and income was $784.70 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Packaging Corporation of America business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, remained constant a slightly fine 0.61%. Similarly, profit margin (net income/revenues) remained steady at 10.52%.
|2013||$3,670 M||-||$436 M11.9%||-|
|2014||$5,853 M||59.47%||$393 M6.7%||-10.01%|
|2015||$5,742 M||-1.89%||$437 M7.6%||11.26%|
|2016||$5,779 M||0.65%||$450 M7.8%||2.93%|
|2017||$6,445 M||11.52%||$669 M10.4%||48.71%|
|2018||$7,015 M||8.84%||$738 M10.5%||10.38%|
|TTM||$7,058 M||0.61%||$785 M11.1%||6.33%|
Quarterly financial resultsPackaging Corporation of America reported $1,733.70 M in sales for 2019-Q1, a -0.73% decline compared to previous quarter. Reported quarter income marked $186.80 million with a profit margin of 10.77%. Profit margin remained constant a -0.94% compared to previous quarter when profit margin was 11.71%. When comparing turnover to same quarter last year, Packaging Corporation of America sales marked a slightly good gain and stepped up a 2.55%. Looking back to recent quarterly results, Packaging Corporation of America posted 2 positive quarters in a row.
|2017-Q2||$1,580 M||-||$142 M9.0%||-|
|2017-Q3||$1,640 M||3.80%||$138 M8.4%||-2.82%|
|2017-Q4||$1,684 M||2.70%||$269 M16.0%||94.86%|
|2018-Q1||$1,691 M||0.37%||$140 M8.3%||-47.90%|
|2018-Q2||$1,768 M||4.55%||$187 M10.6%||33.19%|
|2018-Q3||$1,810 M||2.40%||$207 M11.4%||10.77%|
|2018-Q4||$1,747 M||-3.50%||$205 M11.7%||-1.02%|
|2019-Q1||$1,734 M||-0.73%||$187 M10.8%||-8.70%|
Packaging Corporation of America ownershipWhen you are planning to invest in shares of a company, it's worth to overview its ownership structure.
Packaging Corporation of America shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.47% of all shares.
Bearish positions for PKG stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Packaging Corporation of America:
|Market cap||$8.2 B|
|Total shares||94.9 M|
|Float shares||92.4 M|
|- Institutional holdings (%)||97.0%|
|- Insider holdings (%)||1.5%|
|Shares in short selling||0.0%|
|Friday, March 27th, 2020|
|Day range||$82.72 - $87.93|
|Average true range||$9.13|
|50d mov avg||$94.59|
|100d mov avg||$102.11|
|200d mov avg||$100.94|
Packaging Corporation of America performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected as the bechmarking frame for Packaging Corporation of America stock.
Packaging Corporation of America competitorsUnfortunately, we could not find any public company that could be defined as Packaging Corporation of America competitor. This doesn't mean Packaging Corporation of America does not have any competitor in the market, it's just we could not detected it.
Latest PKG stock news
- Seeking AlphaWhy You Should Own Packaging Corporation Of AmericaJune 13, 2019
- Seeking AlphaPackaging Corporation Of America's Quality Corporate Governance Leads To A Superior Business ModelApril 26, 2019
- Seeking AlphaPackaging Corporation Of America: The Most Profitable Play In A No Moat, High-Growth IndustrySeptember 7, 2018
- Seeking AlphaPackaging Corporation Of America: Target Return Of 143%September 4, 2018
- InvestorPlacePackaging Corporation of America Could Have Significant UpsideSeptember 4, 2018